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#RIVER一个月暴涨50倍 The recent market has been continuously declining, almost all coins are retracing, but RIVER has been rising against the trend, constantly hitting new highs.
During the price rally, bn contracts have maintained a long-term negative fee rate, allowing the project team to go long on contracts + earn fee rates, then use the hourly earnings to buy on-chain spot holdings. This way, even without needing to trigger a blow-off top to force the opposite side to liquidate, they can quietly cut losses and make the shorts surrender.
Therefore, it is really not advisable to blindly short now. As long as you short, in the long run, you are basically losing. The correct approach now is to carefully monitor its funding rate, see if it returns to normal levels, and if it does, consider opening a short position.